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OPERS funds exceed expected rates of return for 2020

The last three months of 2020 were "great" for Ohios largest public pension system. Investments for both the defined benefit and health care funds soared — reversing losses from the coronavirus pandemic and putting the Ohio Public Employees Retirement System back on track. The main retirement returned 11.35% when the target rate was 7.2%, according to preliminary 2020 numbers from OPERS. The health care funds rate of return was 10.91% when it needed 6%. "It was a good year, let’s put...
United States Paul Greff Anna Staver Moody Investor Service Ohio Public Employee Retirement System Investment Officer Paul Greff

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